Does Western Metal Materials Have A Healthy Balance Sheet - Simply Wall St
002149 Stock | 16.16 0.04 0.25% |
About 52% of Western Metal's investor base is interested to short. The current sentiment regarding investing in Western Metal Materials stock implies that many traders are impartial. The current market sentiment, together with Western Metal's historical and current headlines, can help investors time the market. In addition, many technical investors use Western Metal Materials stock news signals to limit their universe of possible portfolio assets.
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Does Western Metal Materials Have A Healthy Balance Sheet Simply Wall St
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Western Metal Fundamental Analysis
We analyze Western Metal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Metal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Western Metal is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Western Metal Materials Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Western Metal stock to make a market-neutral strategy. Peer analysis of Western Metal could also be used in its relative valuation, which is a method of valuing Western Metal by comparing valuation metrics with similar companies.
Peers
Western Metal Related Equities
000997 | Fujian Newland | 8.98 | ||||
000572 | Haima Automobile | 1.35 | ||||
002205 | XinJiang GuoTong | 1.00 | ||||
601319 | Peoples Insurance | 0.98 | ||||
603559 | Zhongtong Guomai | 0.45 | ||||
000973 | FSPG Hi | 0.43 | ||||
600082 | Tianjin Hi | 1.29 |
Complementary Tools for Western Stock analysis
When running Western Metal's price analysis, check to measure Western Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Metal is operating at the current time. Most of Western Metal's value examination focuses on studying past and present price action to predict the probability of Western Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Metal's price. Additionally, you may evaluate how the addition of Western Metal to your portfolios can decrease your overall portfolio volatility.
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